Noble Energy starts production from Gunflint
Noble Energy said it has commenced production at its Gunflint development in the deepwater Gulf of Mexico.
US
Harold Hamm said to be Trump’s top choice for Energy Sec if he becomes President
Republican presidential candidate Donald Trump is said to be considering nominating oil and gas mogul Harold Hamm as energy secretary should he become President of the United States.
Pantheon Resources boosts stake in East Texas assets
Pantheon Resources said it has acquired additional working interest in East Texas.
Energy storage would get US tax credits in bipartisan bill
Energy storage would gain access to the same tax incentives that helped make renewable energy the biggest new source of electricity in the U.S. last year under a bill introduced in the Senate.
Apex Clean Energy sells majority stake in Texas portfolio
Apex Clean Energy said it has sold a majority stake in a 217MW renewables portfolio in Texas.
Shale revolution extended to old wells seen unleashing more oil
US oil explorers are yet to fully reap all the rewards of horizontal drilling techniques that helped trigger the shale boom, research firm IHS Markit Energy said.
BG Group to cut up to 154 jobs as staff move to Shell’s offices in Houston
BG Group said it will cut at least 154 jobs as the company vacates its headquarters in Houston and moves staff to oil major Shell’s offices.
EnergySys moves ahead with US expansion plans
EnergySys said it will move into the next stage of its US expansion plans.
Oil-sands crude returns to US market when it’s less needed
Canadian oil-sands producers who are restoring production after wildfires are finding U.S. refiners are doing just fine without as much crude from their northern neighbor.
US crude oil exports rose to 662,000 in May
US crude oil exports rose to a record 662,000 barrels per day in May rising up from 591,000bpd in April.
Oil declines before US supply data as investors seek havens
Oil extended declines after falling to a one-week low as investors fled to haven assets including gold and the yen amid renewed concern the UK’s decision to leave the European Union will hinder global growth.
Attorney General demands answers on sky high petrol prices
California ’s attorney general has issued subpoenas to several oil companies to learn how they set petrol prices which are consistently among the highest in the US.
US Energy Secretary sees balanced oil market by 2017
The US energy secretary said he expects the oil market to be in balance in 2017, after he met with the Saudi Arabia energy minister on Friday in Beijing.
Saudi Aramco cuts all August oil prices for US, Asian clients
Saudi Arabia, the world’s largest crude exporter, cut all official selling prices for its crude sales to Asian and US clients in August.
Lawsuit against Black Elk ends in settlement
A trial combining 10 lawsuits arising from a deadly explosion and fire on an offshore platform four year ago has ended with a settlement.
Pipeline spews thousands of gallons of crude oil in California
An underground pipeline has spewed out thousands of gallons of crude oil near the Southern Californian coast.
Saudi energy minister sees oil market supply and demand “almost balancing”
Oil markets are improving as supply and demand are seen to be almost balancing, according to Saudi Arabia's energy minister.
Oil extends losses as US rigs drilling for crude rise 2nd week
Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week.
US House of Representatives oppose carbon and oil taxes
The Republican-controlled US House of Representatives voted to reject any new taxes on carbon emissions and oil production.
Energy world’s newest supership misses the boat on LNG pricing
It’s longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas into liquid colder than the surface of Jupiter.
Shale King Hamm fracking unfinished oil wells after rally to $50
Continental Resources Inc. is fracking again.
Shell to end sponsorship of Houston Open next year
Oil major Shell is to end its sponsorship of the Houston Open after next year.
GE to make 360 job cuts from Texan operations
General Electric is to reduce its headcount in Texas by another 360 positions as the decline in oil price continues.
Groups urge US congress to reject TPP over environmental concerns
More than 450 groups have called on the US Congress to reject the Trans-Pacific Partnership (TPP) claiming the trade deal would allow fossil fuel companies to contest US environmental rules in extrajudicial tribunals.
Coal mining founder claims Trump asked “What’s LNG?”
The chief executive of a leading coal mining company in the US has alleged Republican Presidential candidate Donald Trump was unclear on what LNG (Liquefied Natural Gas) in a recent conversation between the men.